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. The model thus offers a new perspective on the consequences of financial globalization, and on the appropriate policy …
Persistent link: https://www.econbiz.de/10012167488
Integration and globalization are two social phenomena which are not shown only in modern societies, instead have been … integration and the globalization at early time and today is in the form and intensity of their occurrence. Advantages and the … economic reasons and a number of them also have in mind the political reasons as well. Globalization is a social phenomenon …
Persistent link: https://www.econbiz.de/10010850200
This article reviews key recent literature on the effects of trade liberalization on poverty in developing countries and asks whether our knowledge has changed significantly over a decade. The conclusion that liberalization generally boosts income and thus reduces poverty has not changed; some...
Persistent link: https://www.econbiz.de/10010951581
During the last 50 years with unprecedented population growth and urbanization, economic development, particularly in developing countries failed to generate adequate employment and income opportunities in the modern sector, compelling the surplus labour force to generate its own means of...
Persistent link: https://www.econbiz.de/10011259973
economic opportunities from the enhanced market mechanism and globalization, rather than denying these irreversible processes …. The government should play active role in keeping tight a rein on the process of adaptation to the globalization, without … harmonization of social conflicts are major challenge to obtain autonomy. The globalization process will be more unbiased by letting …
Persistent link: https://www.econbiz.de/10010542242
Even though globalization benefits less developed countries (LDCs), it also makes them more vulnerable to the exogenous …
Persistent link: https://www.econbiz.de/10009365410
In his Inquiry into the Nature and Causes of the Wealth of Nations Adam Smith (1776) considered the phenomenon of division of labor so enormously significant for the creation of a nation’s wealth that he devoted the first three chapters of his book to an investigation of this process. This is...
Persistent link: https://www.econbiz.de/10008596380
This study assesses the determinants of global value chain (GVC) participation and the relationship between the degree of GVC participation and firms' performance. The main estimation method for both analyses is a panel fixed-effect regression employing unique panel firm-level data from the...
Persistent link: https://www.econbiz.de/10012219528
Participation in the global value chain could lead to different impacts on small and medium firms' performances. In this paper, we examine the relationship between the participation of the Vietnamese economy in the global value chain and small and medium firms' innovation in Viet Nam over the...
Persistent link: https://www.econbiz.de/10012219801
Persistent link: https://www.econbiz.de/10012998217